OPEN HOUSE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OPEN HOUSE
Largest movements
- Tangible fixed assets -€15,313
down €15,313 (-14.4%), from €106,631 to €91,318
of which Furniture and vehicles: -€9,597
- Cash -€13,334
down €13,334 (-23.5%), from €56,709 to €43,374
mainly Net result for the year (-€19,390) and Current portion of long-term debt (-€8,704)
- Receivables within one year -€8,709
down €8,709 (-37.6%), from €23,146 to €14,437
of which Trade receivables: -€9,445
- Reserves -€19,390
down €19,390 (-5.7%), from €338,428 to €319,038
- Current portion of long-term debt -€8,704
down €8,704 (-78.2%), from €11,129 to €2,424
- Tax, wage and social debts -€6,661
down €6,661 (-73.9%), from €9,015 to €2,354
- Gross operating margin +€11,172
up €11,172 (+275%), from €4,062 to €15,234
- Depreciation -€5,198
down €5,198 (-25.3%), from €20,512 to €15,313
- Financial income -€4,258
down €4,258 (-99.7%), from €4,270 to €12
- Write-downs -€3,678
down €3,678 (-19.2%), from €19,160 to €15,482
- Financial charges -€215
down €215 (-16.6%), from €1,297 to €1,082
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,764 | €338,407 | -€37,356 | -9.9% |
| Fixed assets | 21/28 | €106,631 | €91,318 | -€15,313 | -14.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €106,631 | €91,318 | -€15,313 | -14.4% |
| Land and buildings | 22 | €93,648 | €88,270 | -€5,377 | -5.7% |
| Plant, machinery and equipment | 23 | €652 | €313 | -€339 | -52.0% |
| Furniture and vehicles | 24 | €12,332 | €2,735 | -€9,597 | -77.8% |
| Current assets | 29/58 | €269,132 | €247,089 | -€22,043 | -8.2% |
| Amounts receivable after more than one year | 29 | €184,278 | €184,278 | = | 0.0% |
| Other amounts receivable | 291 | €184,278 | €184,278 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,146 | €14,437 | -€8,709 | -37.6% |
| Trade receivables | 40 | €17,701 | €8,256 | -€9,445 | -53.4% |
| Other amounts receivable | 41 | €5,445 | €6,181 | +€736 | +13.5% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,709 | €43,374 | -€13,334 | -23.5% |
| Total equity and liabilities | 10/49 | €375,764 | €338,407 | -€37,356 | -9.9% |
| Equity | 10/15 | €350,828 | €331,438 | -€19,390 | -5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €338,428 | €319,038 | -€19,390 | -5.7% |
| Distributable reserves | 133 | €338,428 | €319,038 | -€19,390 | -5.7% |
| Amounts payable | 17/49 | €24,935 | €6,969 | -€17,966 | -72.1% |
| Amounts payable after more than one year | 17 | €2,424 | - | -€2,424 | |
| Financial debts | 170/4 | €2,424 | - | -€2,424 | |
| Amounts payable within one year | 42/48 | €22,511 | €5,719 | -€16,792 | -74.6% |
| Current portion of amounts payable after more than one year | 42 | €11,129 | €2,424 | -€8,704 | -78.2% |
| Trade debts | 44 | €2,367 | €941 | -€1,426 | -60.3% |
| Suppliers | 440/4 | €2,367 | €941 | -€1,426 | -60.3% |
| Taxes, remuneration and social security | 45 | €9,015 | €2,354 | -€6,661 | -73.9% |
| Taxes | 450/3 | €9,015 | €2,354 | -€6,661 | -73.9% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,512 | €15,313 | -€5,198 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,160 | €15,482 | -€3,678 | -19.2% |
| Other operating charges | 640/8 | €2,314 | €2,347 | +€33 | +1.4% |
| Gross operating margin | 9900 | €4,062 | €15,234 | +€11,172 | +275% |
| Operating profit (loss) | 9901 | -€37,924 | -€17,908 | +€20,015 | +52.8% |
| Financial income | 75/76B | €4,270 | €12 | -€4,258 | -99.7% |
| Recurring financial income | 75 | €4,270 | €12 | -€4,258 | -99.7% |
| Financial charges | 65/66B | €1,297 | €1,082 | -€215 | -16.6% |
| Recurring financial charges | 65 | €1,297 | €1,082 | -€215 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,951 | -€18,978 | +€15,973 | +45.7% |
| Income taxes | 67/77 | €438 | €412 | -€26 | -5.9% |
| Profit (loss) for the period | 9904 | -€35,389 | -€19,390 | +€15,999 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,389 | -€19,390 | +€15,999 | +45.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.